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Technical Analysis

HMIN remains oversold

HMIN remains oversold

April 5, 2013 (Chinavestor) Xueda Education Group (NYSE:XUE) jumped to the top of the overbought chart. But investor have to remember that technical indicators work best for liquid, quality stocks not like small cap, low volume XUE. All other overbought Chinese stocks pulled back from Thursday highs as the following chart testifies.

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Stock extremes: HMIN, CHLN

Stock extremes: HMIN, CHLN April 4, 2013 (Chinavestor) China Housing and Land Development (NASDAQ:CHLN) is overbought according to the following chart. But upside is not limited by technical for Phoenix New Media (NASDAQ:FENG)...
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China stocks weak on yen's woes

China stocks weak on yen's woes April 4, 2013 (Chinavestor) Japan's move to stimulate the economy and weaken the yen sent Chinese stocks lower on Thursday. The Hang Seng Index (INDEXHANGSENG:.HSI) fell 30.3 points or 0.1% in line w...
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Momentum stocks for Wed: SPRD, MPEL

Momentum stocks for Wed: SPRD, MPEL April 3, 2013 (Chinavestor) Overbought Chinese stocks took a breather on Monday and Tuesday. This gives more upside potential for momentum stocks on the following screen. These include but are not li...
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Hang Seng, Shanghai down 0.1% on Wed.

Hang Seng, Shanghai down 0.1% on Wed. April 3, 2013 (Chinavestor) Investors turned cautious in China ahead of U.S. private jobs creation report. The Dow and the S&P  reached record highs, irking investors that a sell-off is inevitab...
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